Indiana 529 Contribution Limits 2024 Income Limits. Since each donor can contribute up to $18,000 per beneficiary, a married couple can. Annual contributions over $18,000 must be reported to the irs.
529 plans for each state have their own contribution limits. Indiana taxpayers are eligible for a state income tax credit of 20% of contributions to an indiana529 advisor account, up to $1,500 per year.